Bitcoin Trend / No. 506 / The Next Trading Signal
bitcoin·@lordoftruth·
0.000 HBDBitcoin Trend / No. 506 / The Next Trading Signal
Time: 6.30 P.M. / GM+2 / 24th Feb, 2018 – Sat. <center>- Reminder of 2018 Calls - </center> - Buy call at 6.1 close to the bottom at 5.947K / We BGT at 6.1K. - Sell Call at 11.65K / We SLD at 11.65 K. Feel free to / <a href="https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-no-501-the-ball-is-back-in-the-bears-court"> Check The Post 501 </a> / <center>- The Next Trading Signal - </center> - The third call for 2018 is buy call / Yes, will buy at 8.7-9.2K ! This is the way, That I trade, Do your own due diligence. No one knows tomorrow's price or circumstance. I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. I do not accept responsibility for being incorrect in my speculations on market trend. <center>So What Next !</center> - Bitcoin is currently trading around 9.7K at time of writing and as expected, the support 10.7K, 10K was broken and the support 9.6K will be broken soon. - The trend for the rest of day is slighty bearish, and the selling pressure try to lead the price to break the support at 9.6K. - Based on the head and shoulders pattern on 4-hour chart ( The small chart on the cycle), I believe bitcoin price will hit 9.2K. We have to keep un eye to see what will happen around this level, as might the decline extend to 8.7K ( Strong Support ). - The right shoulder of IHS is in progress. Be ready as the big buyers will get on the market around 8.7- 9.2K. Today we are slighty bearish but I believe soon will be on the bull court after the appearance of the right shoulder of IHS. <center></center> Expected trading for the rest of day: is between 8700.00 support and 10700.00 resistance. Expected trend for the rest of day : Slighty Bearish. Medium Term: Bullish. Long Term: Bullish. The low of 2018: 5947.00 / IHS Bottom. The high of 2018: 25000.00 level / Expected. <center>Thanks For Reading..</center> <center>YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED. </center> <center><a href="https://steemit.com/bitcoin/@lordoftruth/fibonacci-retracement-in-trending-market"><strong> What You Know About --> Fibonacci Retracement in Trending Market.</strong></a> </center> <center>https://i.imgur.com/NGUN2BD.gif</center>
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